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i know you cannot buy online at HL but can you not buy by phone?
I haven't seen anything to worry me here I don't see issuing no news statements achieves anything PIs get impatient and some move on there's nothing new there. Iwould be adding at this price point but I'm unable to as the issue with HL still hasn't been resolved what on earth is going on ?
How can BOD issue parking ticket when the price goes up suddenly without reason but cannot the same when the price goes down. How hard is it to just to put out an RNS saying there are no reason for a price drop and all company progress are going as planned. This should stop the rot. Or am I too naive? I still believe in the success of the company that’s why I have not sold one share.
Ragnarr you are spot on, the BoD have nothing to report so for me it’s no problem and while watching the SP dwindle is frustrating it is up to the companies Blu has invested in to progress and update the market accordingly. Only then we will make meaningful gains!!
Gazzleberry - I honestly cant disagree with many of your comments. I cant comment on the Derek Lews motivations as I dont know him. I have a sizeable holding in VAL and the CEO appears to be an honest, genuine human being, but there is no doubt shareholders have been misled over the past year, probably through naivety, but its impossible to know. So without wanting to sound sanctimonious I genuinely try not to judge people (could be a mistake)
The simple fact that there is so much unrest here proves the BOD are failing as far as shareholder communication is concerned and do seem to be alienating themselves. Whether or not they are failing with their investment choices is yet to determined.
From my own experience I now try to take the personalities out of the equation and focus purely on the products, fundamentals and prospects of a company.
Swerve - agreed - discussion, both negative and positive are a vital part of a thriving forum, and I think we are fortunate here (on the whole) that genuine opinions are respected - lets hope it stays that way.
hi ragnarr I applaud your view and anyone else's ,no one has to agree or disagree. We all need to talk about these things without it getting nasty or malicious. We might all have a common aim,but we don't all neccesarily have the views. I know some will only talk about the positives as the negatives scare them.Its good to talk as they say.
Swerve
This is probably going to be my first unpopular post but I honestly dont subscribe to any of these conspiracy theories. RNS rule 11 clearly states
An AIM company must issue notification without delay of any new developments which are not public knowledge which, if made public, would be likely to lead to a significant movement in the price of its AIM securities. By way of example, this may include matters concerning a change in:
— its financial condition;
— its sphere of activity;
— the performance of its business; or
— its expectation of its performance.
Unfortunately nothing from Satoshipay since the £5m PEN pre-sale would fall into that catagory and the simple fact that we know Dynasty is in talks with third parties and/IPO ambitions means that nothing can/will be disclosed until something is agreed.
It does seem the BOD are very poor communicators but I have yet to meet a BOD that truly cares about shareholders. I am afraid there has simply been nothing to warrant an RNS, however frustrating that is. Sorry everyone, but that is my view.
I have been adding but trying to predict the bottom here is impossible. Good luck mate.
given those figures PAS that you are stating.You are actually saying we are over valued.
SLUG
With ref to what I was saying regarding news from duke, rag,and the dynasty page on telegram etc.I was only meaning we know whats going on in general,but not officially through an rns from blue.
To say we don't know is incorrect,but on the other hand its not official and there's no value attributed to it. Fully ambiguous statements.I do get where your coming from.Perhaps we should cut each other some slack and move forward towards a common goal.
Swerve
from vox ... back in July ... did that not cheer you up .....
.....Blue Star’s other companies are also growing nicely. Notably, its share in Dynasty Gaming and Media is now worth £4.8m, a significant premium to Blue Star ‘s total investment of £968k. Similarly, Blue Star's interest in biometric technology platform Sthaler is now worth £387K, compared to a £50K investment, and its interest in NFT Investment is now worth £223K, compared to a £50K investment.
‘ It has been such a long time since there's been anything newsworthy,Which begs you to ask the question ,what on earth are we paying them’
Its good to see you are no longer counting Twitter, telegram and other forms of social media etc as news outlets
We need proper RNS updates otherwise we will be back at 0.1 soon
I think the main issue we have with the board is that they are under no obligation to report how well or how bad investee companies are doing and they are playing that to their advantage in my view. Only at such time as yearly and half yearly result time do they break silence and even then they seem ambiguous about how well the investee companies are doing, with phrases like:
"It is the Board's view that the valuation of SatoshiPay may have increased significantly since the last fund raise given the operational progress of Pendulum."
The last evaluation of SatoshiPay was 3 years ago, they should be evaluating once a year. I'm sure they ARE interested, but don't want to tell the market for some reason. One can easily assume a sinister intention.
Lew seemed happy to release an RNS last year as the share price rose to an (obviously uncomfortable) all time high, but nothing to support shareholders with further news.
The main thing is will those two large holders wish to be part of it, or aren't they on our side as they say they are. I am not stirring here just stating the obvious. Maybe you should approach them,can do no harm
Lets face it the only rns we have had is about money for the board,It has been such a long time since there's been anything newsworthy,Which begs you to ask the question ,what on earth are we paying them for.
Swerve
We could always call a shareholder meeting. By law they have to do it. All we need is a group of shareholders with at least 5% holding in the company. We know of two people with at least 20% between them.
In preparation for the meeting, we table a list of things we want to know and for it to be published publicly. Should that not be completed to our satisfaction, we call another and another...
We need to hold Lew to account, his approach to this business is less than abysmal.
steamy I would be happy with that valuation at this moment in time.But given the antics that have gone on I doubt if it will be that straight forward.
Gazzel - So long as the private equity offer is at least 0.6p per share. We're worth at least that with the known valuations.
.
c'mon dave cut them some slack. They did rns us when they wanted to do a placing a couple of months ago.I do believe this is an orchestrated drop.
Swerve
Its not just the board who are inept
The investee companies dont seem to be capable of doing anything at all - they are all seemingly just sat around drinking cups of tea & not winning business & closing deals.
Even Dynasty which I had high hopes for don't appear to be capable of doing a business deal.
I mean how long can negotiations take ffs
No urgency whatsoever from anyone, Blu or its investees
Dave
Have to agree with you have kept quiet because really thought news was around the corner
Bod acting like ostriches.
Hard to understand their motives for driving the share down unless they whant ther mates to keep getting cheap shares
Gla
We aren't that far away from .15 we all said would happen without news.
Quite a few were very vocal in saying this definitely won't happen.
Wonder if they'd like to change their minds now and realise the board are completely taking the **** out of everyone.
No news to report all year pretty much and we are in month 9 of the year... give over!!
Quick on the RNS trail when the share price was pumping to issue a speeding ticket wasn't he?
His pockets first, shareholders.... like I said, he couldn't give a rats backside about.
Anyone heard back from him yet? Thought not.
Thanks
Well this really is death by a thousand cuts
Good old Satoshipay - looks like they are still on their road to nowhere.
I hope there is a positive surprise around the corner but extremely doubtful given their previous track record.
Theres about as much chance of a positive surprise as there is Meinhard cornering 1% of the payments market and being bigger than PayPal.
Utter, utter, b******s
I've got this gut feeling its not any of the board selling off all these shares. I think its one of us lot. Jusa thought I have with not much to base it on.
Swerve
My area of interest has shifted to the untested Nov 21 breakout. Most tend to get retested at some point.
I'll prob look to re-enter soon. I mean - I did have NAV (without increases at 14m). We sold a share in guild, but it's still trading below where I see NAV. I am waiting for 0.15-0.16 range though!